Living in the modern era can be considered a privilege, as innovative technologies play a critical role in improving society and contributing to economic growth. What were once merely ideas have turned into a reality, and everyone is experiencing a world where daily life becomes easier – and that’s all due to technology. In the years to come, many innovations could potentially change everything for good, solving many issues in today’s society and creating new opportunities.
Table of Contents
Web 3 will change commerce
Bitcoin – the king of cryptocurrencies. De-Fi and Web 3. These new concepts have taken the world by storm, and you’ll likely keep hearing about them in the future. By 2025, Web 3 will have improved commerce significantly, just like Web2 revolutionized access to information. People will be able to trade physical and digital items on an open, digital market.
In the initial stages of the Internet, information was separated within proprietary online networks, but it gradually became a single and searchable space. It wasn’t easy for commerce to make the leap, which is understandable, given that the need to resolve disputes and ensure settlement when exchanging physical assets requires trust. And this trust is only given to reliable sellers or intermediaries. As a consequence, e-commerce transactions are siloed within a closed proprietary system. However, the emergence of Web 3 allows a settlement to be automated via smart contracts, changing e-commerce significantly. For instance, this technology will result in a better user experience through AI and machine learning, making content more relevant for the audience.
AI will impact the education sector
When it comes to education, the traditional system is no longer functional in 2023 because it was created 200 years ago. Today’s young generation wants to find solutions for the existing complex problems in the world. Fortunately, technological progress plays a substantial role in the education sector, allowing children to develop powerful skills to help solve those issues, thus creating a better future.
Furthermore, AI will play a role in understanding children’s interests to identify the next critical step in the learning process. At the same time, it will allow teachers and parents to gain essential insights into children’s performance. The purpose of this is to improve the quality of education and decrease inequalities as much as possible. As a result, children will be able to form ideas, prototype and iterate, thus innovating and changing the world for the better.
The quantum Internet will enable many breakthroughs
The quantum Internet will have an impact just as significant as the classical Internet – maybe even greater. While classical networks created today’s Internet, quantum networks will help build the Internet of the future, which will impact people’s lives in many ways, resulting in breakthroughs in areas like medicine, energy, material sciences, etc.
In the next four years, quantum networks could change from local area networks into continent-scale area networks through quantum repeaters, which are at the core of the quantum Internet. Therefore, there will be more use cases for quantum networks; for instance, quantum secure communications will enable unhackable security by using the power of physics, while distributed quantum sensing will allow for ultra-high-resolution telescopes.
The metaverse will result in a sociological paradigm shift
As great as it is, technology can also be harmful to humans’ mental health, and social media exposes its perils all the time. Interactions between people involve intimacy, empathy and depth, but technology removes these things, and mass influence is all that’s left. However, it’s through meaningful interactions that people can bond with one another. Fortunately, the transition to the metaverse won’t be only a technological shift but also a sociological one, as it will be shaped by human emotion.
New platforms, hardware, and disciplines will help redefine virtual social contracts, making trust and emotion a fundamental currency. In the future, interactions in the virtual space will focus on the human experience, allowing a parent to give their daughter a caress from far away or someone to hold the hand of a deceased relative. As a result, people will be able to treasure each meaningful moment.
Supply chain intelligence will end the food crisis
Climate change, the pandemic and fragmented supply chains have affected food production and distribution, so unsurprisingly, the global food crisis has risen to catastrophic levels. However, technology will help solve this problem by 2027, as beverage and food manufacturers will take advantage of AI to improve the supply chain.
Manufacturers and shippers will be able to identify different issues early on, such as those related to labor or unusual weather. As a result, food spoilage and waste will no longer be a problem. Through predictive supply chain technology, companies will be able to shift from being reactive to being proactive, ensuring store shelves are stocked, and food flows globally.
Buildings will become smarter and support well-being
Buildings create 50% of CO2 emissions, which have a massive impact on the planet. The good news is that buildings are now becoming automated, as they rely on control points and cost-effective sensors. Smart buildings use AI to minimize carbon emissions as much as possible and support the well-being of the planet and humans.
This change will represent a critical transformation in the construction sector; firstly, digital twin emergence and 5G and 6G technologies will create new methods of assessing and improving value over the lifecycle of the building. Moreover, they will help understand that energy isn’t only a direct cost to those holding a portfolio – at the same time, it’s a liability for those unable to keep up with ESG and regulatory frameworks.
Wrapping it up
Technology is booming in 2023, and there is no doubt that it will completely transform the world in the next few years. Many areas still require improvement, such as the education and supply chain sectors. The good news is that tech is powerful and will ultimately play a significant role in solving current societal issues. In a few years from now, people will be able to carry out transactions smoothly and even get the chance to meet those who have left this world virtually – no one would have ever thought that such a thing could be possible, but the metaverse is proving everyone wrong.
It’s incredible that technology exists, as life wouldn’t be the same without it, and the only way to make real changes in the world is by innovating. AI, the quantum Internet, the metaverse, and so on, are great tools that play a significant role in modern society, making life easier and better.
